Assenagon Asset Management S.A. Buys 829,641 Shares of Archer Daniels Midland Company $ADM

Key Points

• Assenagon Asset Management increased its Archer Daniels Midland stake by 725%, purchasing 829,641 shares to hold 944,082 shares worth approximately $72.1 million. Institutional investors collectively own 78.28% of ADM.
• ADM reported quarterly EPS of $1.84, exceeding the $1.49 analyst consensus, while revenue rose 7.2% year over year to $22.68 billion. The company issued fiscal 2026 EPS guidance of $5.15–$5.60.
• ADM declared a quarterly dividend of $0.52 per share, equivalent to a 2.7% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $79.67.

Assenagon Asset Management S.A. lifted its stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 725.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 944,082 shares of the company's stock after purchasing an additional 829,641 shares during the period. Assenagon Asset Management S.A. owned 0.20% of Archer Daniels Midland worth $72,128,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in Archer Daniels Midland by 0.6% during the fourth quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company's stock worth $1,332,000 after buying an additional 146 shares during the period. Atlantic Union Bankshares Corp grew its position in Archer Daniels Midland by 5.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company's stock valued at $180,000 after acquiring an additional 153 shares in the last quarter. Summit Financial LLC boosted its stake in shares of Archer Daniels Midland by 0.9% during the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company's stock valued at $974,000 after buying an additional 153 shares during the last quarter. Checchi Capital Advisers LLC raised its stake in shares of Archer Daniels Midland by 2.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company's stock valued at $370,000 after purchasing an additional 161 shares in the last quarter. Finally, QRG Capital Management Inc. grew its position in shares of Archer Daniels Midland by 0.8% during the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company's stock valued at $1,501,000 after buying an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company's stock.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $76.53 on Friday. The stock has a market capitalization of $36.89 billion, a price-to-earnings ratio of 20.97 and a beta of 0.62. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.46. The business has a 50-day moving average of $80.03 and a 200-day moving average of $74.37. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.80.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion during the quarter, compared to analysts' expectations of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The business's revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, sell-side analysts predict that Archer Daniels Midland Company will post 5.45 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland's payout ratio is 56.99%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Morgan Stanley upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $60.00 to $79.00 in a research report on Wednesday. Zacks Research cut shares of Archer Daniels Midland from a "strong-buy" rating to a "hold" rating in a report on Monday, June 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an "underweight" rating in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday. Finally, Wall Street Zen raised shares of Archer Daniels Midland from a "hold" rating to a "buy" rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $79.67.

About Archer Daniels Midland

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM's business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.

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